TLT vs TLTP
iShares 20+ Year Treasury Bond ETF compared with Amplify TLT U.S. Treasury 12% Option Income ETF on yield, payout growth, payment schedule, cost and risk.
TLT
iShares 20+ Year Treasury Bond ETF
TTM yield · Monthly
TLTP
Amplify TLT U.S. Treasury 12% Option Income ETF
TTM yield · Monthly
Quick take
- TLTP yields more today: 14.13% vs 4.78% (forward).
- Both pay every month.
- Over the last year TLTP delivered the higher total return: -2.6% vs -4.6% (price change plus payouts).
- TLT is cheaper to own: 0.15% vs 0.39% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TLT | TLTP |
|---|---|---|
| Share price | $81.34 | $19.33 |
| TTM yield | 4.78% | 14.13% |
| Forward yield | 4.78% | 14.13% |
| Annual payout per share | $3.892 | $2.731 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.15% | 0.39% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 96/100 |
| 1-year total return | -4.6% | -2.6% |
| 1-year price return | -9.0% | -14.6% |
| Size (market cap / AUM) | 46.2B | 26.4M |
| Years paying | 24.1 | 1.9 |
| Sector / category | Long Government | Long Government |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| TLT | TLTP | |
|---|---|---|
| Shares | 122.9 | 517.3 |
| Income per year | $478 | $1,413 |
| Income per month (avg) | $40 | $118 |
At forward yields, before taxes. Model TLT · Model TLTP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TLT Oct 31, 2026 | Nov 3, 2026 | $0.3243 | Est. |
| TLT Nov 30, 2026 | Dec 3, 2026 | $0.3243 | Est. |
| TLT Dec 30, 2026 | Jan 2, 2027 | $0.3243 | Est. |
| TLTP Oct 29, 2026 | Nov 12, 2026 | $0.2276 | Est. |
| TLTP Nov 28, 2026 | Dec 12, 2026 | $0.2276 | Est. |
| TLTP Dec 28, 2026 | Jan 11, 2027 | $0.2276 | Est. |
Annual payouts per share
TLTTLTP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, TLT or TLTP?
TLTP currently has the higher trailing yield: TLT yields 4.78% and TLTP yields 14.13%. Yield changes daily with price, so check the live figures above.
How often do TLT and TLTP pay?
TLT pays every month and TLTP pays every month. TLT's next ex-date is Oct 31, 2026 and TLTP's is Oct 29, 2026.
Is TLT or TLTP better for income?
It depends on what you are optimising for. TLT and TLTP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.